This keynote reflects on the phased-out original neoclassical research program and the dominance of originally heterodox issues and questions, all beyond the ‘optimality and equilibrium of the market economy’, in modern cutting-edge economic research. This provides opportunities for...

Post-Keynesian Economics (PKE) is at the crossroads. Post-Keynesians (PKs) have become effectively marginalized; the academic climate at universities has become more hostile to survival and the mainstream has become more diverse internally. Moreover, a heterodox camp of diverse groups of...

In 1985 the Department of Economics at Dickinson College USA, a private four year liberal arts college, embarked upon a bold but promising reform of its economics programme placing it on the cutting edge of what is now called 'pluralist economics education'. This new approach to the philosophy...

The recent financial crisis has prompted many business school leaders to reconsider the course content of their finance programmes. I argue that students would benefit from an understanding of how neoclassical and heterodox economists study the structure and function of financial systems. To...

In this paper, I examine the possible modes of introducing a systems of innovation (SI) approach into economics curricula. I look at the various possible choices of coupling this approach with standard economic curricula and then explore the implications of these various choices. I link this...

In my response to Garnett and Mearman, I argue that many of their comments are based on the assumption that mainstream economics has truth and value, which is in fact not the case. In addition, I argue that that the divided economics community arises from actions taken by mainstream economists...

The invisible hand metaphor dates to the 18th century but only gained prominence after neoclassical analysis came to dominate economic thinking late 19th century. Neoclassical economists rigorously established the assumptions necessary for an economy to operate in accordance with the metaphor,...

In this paper I argue that methodological reflection guided by a critique of the ontological foundations of economic theories can be used to enhance arguments for a pluralist economics education. I accomplish this by reviewing the literature regarding the requirements for a pluralist economics...